Canada Mining News

Canarc's stock jumps on PEA at New Polaris

The study indicates the project could produce 80,000 oz. gold per year over an 8.7 year mine life.

Quebec pension fund boosts share position in Osisko Metals

The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014.

RNC Minerals closes C$12m bought deal financing

RNC recently made a high grade discovery at its Beta Hunt gold mine in Western Australia.

Ximen to expand precious metals exploration efforts in BC

Three British Columbia properties are seeing some action in 2019.

Barrick says Kibali mine on track for another record year

The company achieved preliminary Q1 production of 1.37Moz gold and 106Mlb copper.

Done deal: Newmont Goldcorp becomes world’s No. 1 gold miner

Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.

Kenney win puts maligned Trudeau pipeline law under new pressure

A trio of proposed laws affecting pipeline, environmental and oil shipping laws are working their way through Canada’s Senate as Trudeau’s Liberals gear up for an October election.

Power Ore completes revised Opemiska geological model

The Opemiska complex lies within the Abitibi Greenstone Belt and Quebec’s Plan Nord lands.

GoldMining receives water licence, land use permits for Yellowknife project

Separately, the company was granted two-year extensions to existing land use permits for the Goodwin Lake and Clan Lake properties.

B2Gold’s beats first quarter production targets

Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above budget.

Copper Fox updates exploration at Schaft Creek JV

The property is a potential producer of copper, gold and molybdenum.

Canadian exporters continue to struggle even with rising oil

Canada recorded smaller trade deficits than expected in the first two months of 2019 on a rally in oil prices.

Interactive map pinpoints lead battery energy storage installations globally

Lead battery-powered energy storage highlighted by research consortium’s online map.

Mega-mergers will bring short-lived glory if miners ignore innovation — opinion

Market signals are already showing troubling signs of this shift in the sector.

Kinross Gold restructures leadership team

The company is streamlining its senior leadership team.

New Gold gets green light for $1.8B Blackwater project in BC

As proposed, the Blackwater gold project would produce 60,000 tonnes per day of gold and silver ore, over a mine life of 17 years. 

Global gold production to hit fresh record in 2019

New report "debunks commentary calling for peak gold."

Waterton takes Hudbay Minerals to court

The Canadian miner's second-largest investor, Waterton Global Resource Management, has filed a lawsuit against the base metals producer in a bid to constrain its ability to solicit proxies.

BHP Canada makes strategic investment in Midland Exploration

BHP is acquiring 3.44 million units of Midland at $1.70 per unit for $5.9 million.

Fission Uranium tables PFS for Patterson Lake South

The PFS assigns the project a $693m after-tax net present value at an 8% discount rate and a 21% after-tax internal rate of return.

British Columbia government to restore structure at historic coal mine

The 22.5-metre concrete headframe and tipple structure at the Morden Colliery coal mine was built in the early 1900s by the Pacific Coal Company.

Lundin Mining grabs Brazilian mine from Yamana in $1B deal

The Chapada copper-gold mine, in the northwest Brazilian state of Goiás, began production in 2007 and is expected to churn out about 54,500 tonnes of the red metal and 100,000 ounces of the precious one this year.

American Manganese’s lithium-ion battery recycling technology achieves high recovery rates

An independent lab ran a series of tests and average recovery rates ranged from 91.4% to 94%.

Newmont-Goldcorp $10B merger to close this week

Deal creates the world’s largest gold producer by market value, output and reserves.

Coeur Mining’s shares hit on first quarter 2019 production and sales report

The miner maintains production guidance for 2019.